Bank of America Corp. stock rises Friday, still underperforms market

Shares of Bank of America Corp.
BAC,
+0.04%
inched 0.04% higher to $26.07 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.18%
rising 1.18% to 4,308.50 and the Dow Jones Industrial Average
DJIA,
+0.87%
rising 0.87% to 33,407.58.

This was the stock’s third consecutive day of gains.

Bank of America Corp. closed $12.53 below its 52-week high ($38.60), which the company reached on November 11th.

The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co.
JPM,
+1.54%
rose 1.54% to $145.10 and Wells Fargo & Co.
WFC,
+0.99%
rose 0.99% to $39.69.

Trading volume (57.7 M) eclipsed its 50-day average volume of 38.3 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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